Pharma ETFs in Focus Post Solid Q2 Earnings Merck, Pfizer, Bristol-Myers, Johnson & Johnson, Eli Lilly and Company, Invesco Pharmaceuticals ETF, SPDR S&P Pharmaceuticals ETF, iShares U.S. Pharmaceuticals ETF, VanEck Vectors Pharmaceutical ETF, First Trust Nasdaq Pharmaceuticals ETF by https://www.benzinga.com/
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Simple Explanation:
so basically these big companies like Johnson and Johnson and Pfizer that make medicines, they told everyone how much money they made in the last few months. And they made more money than people thought they would! But sometimes, even when companies make more money, the people who buy and sell pieces of the companies, called "stocks," might not be happy. So these big companies' pieces, or "stocks," didn't go up as much as people hoped. It's like when you get a good grade in school, but your friends don't think it's that great, so you don't get the reaction you wanted. Read from source...
Critical Perspective:
article needs context and perspective
Sentiment Analysis:
bullish
Factors: The second-quarter results of the healthcare sector have been impressive, with earnings of 78.8% of the sector participants that have reported so far up 17.1% on 7.6% revenue growth. The earnings beat ratio of 85.7% and the revenue beat ratio of 75.5% are also assuring.
Investment Analysis:
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